Lesson 9



Dear Yuki,

 

Thank you for your ninth message. My comments and corrections follow.

 

Sincerely,

 

Prof. Sue Garreis

 

 

 

Prof. Susan Garreis,

 

Hello.

Thank you for your reply and corrections of my English.

I will answer your questions.

 

 

There is a music recital in three months.

She plays the clarinet.

I'm going to see it.

Really looking forward to it.

>That will be wonderful!

>There is music playing in the background as I write this.

>While the car is repaired, I write this from a nearby fast food restaurant.

>Here's the link for the restaurant: http://arbys.com/?cid=ppc_AO_1132012

>The Pecan Chicken Sandwich was tasty.

Restaurant food looks very delicious!

>It was very delicious.

 

 

>They are playing the music I heard as a teenager.

>I heard a song called Rock Around the Clock often. Here's a YouTube video:

http://www.youtube.com/watch?v=N-qjc17KEsc

>Ignore the commercial that plays first.

>The man introducing the song was Dick Clark. He had a very famous dance show. I watched it on TV as often as I could!

I have heard this song before.

This song will be pleasurable feeling.

 

 

What kind of thing is butter pecan?

>Butter pecan ice cream has a very pale brown color.

>It tastes sweet. A pecan is a nut. There are pecans in the ice cream.

>Here is a picture of a scoop of butter pecan:

http://www.breyers.com/product/detail/113827/butter-pecan.

I knew it for the first time.

I like nuts, so butter pecan is attractive to me.

 

 

>Today I had a different flavor of ice cream.

>My daughter and I went to Baskin-Robbins.

>We had Snickers ice cream.

>Here is the Baskin-Robbins website:

http://www.baskinrobbins.com/content/baskinrobbins/en/products/icecream/flavors.html

>"Made with Snickers" flavor is about half way down the page.

>Snickers is a famous American candy bar. Here is its website:

http://www.snickers.com/

>The ice cream was delicious.

 

 

This past week I visited a town called Bethany Beach, Delaware.

There is a totem pole at the entrance to the town.

Here is a picture of the totem pole:

http://www.townofbethanybeach.com/index.aspx?NID=325.

A totem pole is a carving of figures important to Indians (native Americans).

Nanticoke Indians used to live on this land.

It’s a very beautiful place!

 

What kind of experience did you have there?

>I had a great experience there.

>We visited two gardens in the area. We admired all the flowers at my friend's house.

>We ate delicious food at her house. Each of us brought something.

>In the late afternoon we went to the beach. We ate snacks and drank wine on the beach.

>I stayed one night. The other women stayed two nights. It was great!

>It was a wonderful, relaxing experience.

It’s wonderful!

 

 

Last Thursday was the Fourth of July. It is a very important holiday in the US.

It is our Independence Day. We celebrate the founding of our country on that day.

 

We celebrate with a holiday from work and summer school.

We celebrate with fireworks. Here is a YouTube video of the fireworks in New York City: http://www.youtube.com/watch?v=jANE7HoDYV0.

Every major city has a fireworks display. Most small towns have them too.

Many families set off fireworks in the streets in fronts of their homes.

That's beautiful!Summer festival only set off fireworks in Japan.

 

Is there the summer festival in the U.S.?

>The Fourth of July is our summer festival.

>In the summer we often have carnivals.

>Often fire departments sponsor the carnivals.

>The carnivals raise money for the fire departments.

>They have lots of good food and many exciting rides for children and adults.

>Here is a website with pictures of carnival rides:

http://www.fiestashows.com/rides/rides.asp

>The rides are too exciting for me! I stay off.

 

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I went to the Sky Tree in Tokyo on July 6.

Sky Tree is the tallest tower in the world.

I looked up from the bottom.

It was very high!

Here is a link: http://www.tokyo-skytree.jp/There is a shopping mall called “Solamachi” just below the Sky Tree.

Solamachi contains 312 stores.

I enjoyed shopping.

I bought souvenirs (Tokyo banana tree) for my family.

This is the link of Tokyo banana tree: http://www.tokyo-solamachi.jp/shop/3/Tokyo banana tree is a leopard-print sponge cake.

It was very cute and delicious!

>The banana cake looks so cute! I bet the taste is as good as it looks.

>The Tokyo Tower is very impressive!

>Shopping is always wonderful.

 

 

I plan to go to Tokyo with friends from junior high school during summer vacation.

Do you have plans for this summer?

>I do not have much planned for this summer.

>My daughter will buy her first house at the end of July.

>I will help her move. I expect to visit her a lot when she is in her new house.

 

 

This is the last Email of season. The next reply is September 20.

Thank you for everything. Let's meet again in September.

Have a nice summer!

 

Sincerely yours,

 

Yuki

 

>I shall have a nice summer.  I hope you do, too. We will talk again on September 20. Enjoy your summer!

 

 

<Homework>                                                                                                                        

1. Why is the Statement of Cash Flows important to U.S. users of accounting information?

Cash flow information helps creditors decide if the borrower can repay the loan.

A good cash flow statement helps get the loan.

 

>Correct.

 

2. Look at the table that compares the direct and indirect methods.

What is the main difference between the indirect and direct methods:

a. in operating activities?

I don't know.

>The indirect method starts with Net Income. Net Income is adjusted for non-cash items in it.

>The direct method looks at each non-cash account and pulls out the effects on cash.

b. in investing activities?

No differences.

>Correct.

c. in financing activities?

No differences.

>Correct.

3. How do Japanese companies report their changes in cash during the year?

Japanese company can choose the direct method and indirect method.

4. How easy was this lesson for you?

The accounting was somewhat hard.

The English was somewhat hard.

Getting to and using the linked web pages was somewhat hard.

 

>Thank you for all your hard work in this course. Enjoy your summer! See you in September.

 

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